How do you manage a 3 billion investment? By Lasse Jalling - Learning Architect
Every leader, at some point, finds themselves making significant decisions on a tight schedule, armed only with limited information. The good news is, these crucial skills can be learned.
Hafslund Eco, through its GNIST talent development program, aspired not only to equip its employees with skills in crafting business strategies, constructing value chains, and understanding a fluid international market but also to ensure the process was both engaging and enjoyable. Their method? A customized version of Specifique’s Future of Energy Simulation Game.
On a single Wednesday evening, five dedicated teams dove deep into the business context and potential opportunities. They bid on potential development projects or tapped into existing energy resources, facing rigorous negotiations with state energy enterprises and fierce competitors. While some prioritized eco-friendly strategies, others aimed for maximal financial returns. And as immense as 3 billion dollars may seem, its value can wane rapidly if not managed sufficiently.
Victory in this simulation isn’t merely about the bottom line. Beyond a company’s net worth, it prompts participants to think about logistics, like energy transportation to markets, the weight of a company’s reputation, and the importance of staying true to its overarching strategy.
The consensus from GNIST participants? After three immersive hours, they found the session both exhilarating and enlightening, strongly recommending its inclusion in future talent endeavors.
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